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    • Philanthropy

    5 'new money' foundations you should know

    Rising stars and big names from Wall Street and Silicon Valley are increasingly embracing philanthropy. But tracking down who is doing what is no easy feat. Here are five "new money" foundations we think you should know.

    By Manola De Vos // 16 October 2015

    Today, the world counts more millionaires than ever before — and an increasing share of them are seeking to make a difference in big, bold ways.

    Fueled by the emergence of a new class of wealthy individuals, developing and emerging economies are witnessing a sharp growth in the number of homegrown private foundations.

    Meanwhile, American self-made billionaires continue to dominate the global giving space — a trend which is likely to continue as the rising stars and new big names of Wall Street and Silicon Valley increasingly embrace philanthropy.

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    About the author

    • Manola De Vos

      Manola De Vos

      Manola De Vos is an Engagement Lead for Devex’s Analytics team in Manila. She leads and designs customized research and analysis for some of the world’s most well-respected organizations, providing the solutions and data they need to grow their partner base, work more efficiently, and drive lasting results. Prior to joining Devex, Manola worked in conflict analysis and political affairs for the United Nations, International Crisis Group and the EU.

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